Blogotariat

A meeting of Ukraine’s western European backers, known as the ‘coalition of the willing’, at the Elysee Palace in Paris on Thursday has brought together European Commission President Ursula von der Leyen, Vladimir Zelensky, and the leaders of Belgium, Poland, Finland and France.

Kiev has been pressing the West to provide security guarantees that could serve as a substitute for NATO’s collective defense since the US effectively blocked Ukraine’s bid to join the bloc.

The Australian Bureau of Statistics (ABS) on Wednesday released the national accounts for Q2 2025, which revealed stronger-than-expected growth. Analysts had tipped a 0.4% rise in headline GDP, and the RBA had forecast 0.5% growth. However, a 0.6% rise was recorded, led by household spending. Household spending per capita rose by 0.5% in Q2, the

The post Australia’s GDP rebound masks deeper economic problem appeared first on MacroBusiness.

Asian share markets were quite mixed with local stocks regaining some of their losses on interest rate speculation that the Fed is likely going to pull a put if tomorrow night’s NFP comes in bad as expected. Meanwhile bond markets are trying to recover with many long dated yields across the UK, Japan and USA

The post Macro Afternoon appeared first on MacroBusiness.

Plico Energy CTO George Martin says business is booming under the new home battery rebates, but the name of the VPP game remains the same. Plus news of the week.

Australia is starting to resemble 1984’s Ministry of Truth. First, the Albanese government performed a policy-180 and announced that Australians under the age of 16 would be banned from viewing YouTube. Prime Minister Anthony Albanese also wants to expand Australia’s draconian media restrictions globally. Albanese indicated that he will advocate Australia’s world-first social media age

The post Welcome to Albo’s Ministry of Truth appeared first on MacroBusiness.

I'm still deep in the seventh level of proofreading hell on WW 3.2, doing my last pass while I wait for Chris Pepper to send me his nitpicks.

I just spent a couple of minutes staring at this passage of text, trying to figure out what was wrong with it.

Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, looks at deepening problems in long bond yields and what they mean for valuations in the stock market Can’t make it to the live series? Catch up on the content via Podcasts or our recorded Videos. Damien Klassen is Chief Investment Officer at the Macrobusiness

The post MB Fund Podcast: The Global Bond Rout appeared first on MacroBusiness.

The fix is in for Australian gas. The deeply corrupt Albanese government is undertaking a review of gas policies with both hands tied behind its back, having already ruled out the only policy that makes sense: retrospective reservation for QLD gas exporters. What we are seeing instead, again, is performative democracy in which everyone pretends

The post Build the LNG import terminals! appeared first on MacroBusiness.

There’s been a lot of talk about expanding the size of Australia’s federal parliament in the last few years. Some of us have been talking about this for a lot longer, but it has seemed feasible since Labor took power in 2022.

The ferrous complex continues its great levitation. At least, iron ore does. Steel is stuffed. Ask yourself, why are steel prices tumbling when production is shut in for Beijing’s warmongering parade? Too much steel, with more coming when the parade ends, as the last of the margin expansion of the past few months is devoured.

The post Iron ore bears gather appeared first on MacroBusiness.

This week, the Albanese government announced that the permanent migrant intake would remain at 185,000 places in 2025-26, with 132,200 places set aside for ‘skilled migrants’. When the 20,000 humanitarian intake and 3,000 Pacific Engagement Visas are added, Australia’s permanent migrant intake has effectively been set at 208,000. It is important to point out that,